As healthcare sector is resistant to any sort of economic downturns, today we have shortlisted seven penny healthcare stocks of Canada that have recorded year-to-date price gains of more than 17.0%. Moreover the defensive nature of these stocks is depicted in their beta measure (<1.0). During past one month, all of the stocks have registered price gains with daily average trading volumes in excess of 100,000.
| Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Price Change (Year-to-Date) |
Beta |
|
Nobilis Health Corp |
NHC |
TSX |
251.2 |
4.23 |
514,452 |
20.2% |
20.9% |
0.1 |
|
Patient Home Monitoring Corp |
PHM |
TSXV |
208.4 |
1.02 |
5,352,307 |
17.2% |
17.2% |
0.1 |
|
CardioComm Solutions Inc |
EKG |
TSXV |
10.9 |
0.10 |
985,420 |
150.0% |
185.7% |
0.2 |
|
CRH Medical Corp |
CRH |
TSX |
157.4 |
2.59 |
862,298 |
31.5% |
32.1% |
0.2 |
|
Telesta Therapeutics Inc |
TST |
TSX |
53.7 |
0.32 |
519,349 |
39.1% |
42.2% |
0.5 |
|
LED Medical Diagnostics Inc |
LMD |
TSXV |
27.9 |
0.32 |
104,339 |
31.3% |
18.9% |
0.9 |
|
Cynapsus Therapeutics Inc |
CTH |
TSX |
102.6 |
1.29 |
264,940 |
10.3% |
17.3% |
0.9 |
Source: Bloomberg
Company Description
Nobilis Health Corp (TSX: NHC)
Nobilis Health Corp. owns and operates ambulatory and acute care facilities and healthcare services. The company also owns and operates imaging centers and urgent care clinics.
Patient Home Monitoring Corp (TSXV: PHM)
Patient Home Monitoring Corp. provides in-home healthcare diagnostics services. The company offers in-home testing and diagnosis services for patients on blood thinner medications.
CardioComm Solutions Inc (TSXV: EKG)
CardioComm Solutions Inc. develops and produces patented and proprietary technology focused on the detection and management of cardiac disease. The company’s computer based hardware and software, developed specifically for cardiologists and associated health care professionals, acquire, measure, and store electrocardiogram signals.
CRH Medical Corp (TSX: CRH)
CRH Medical Corporation specializes in the distribution of innovative medical products directly to physicians. CRH Medical delivers clinical, marketing and operational support directly to its partner physicians.
Telesta Therapeutics Inc (TSX: TST)
Telesta Therapeutics Inc. is a biopharmaceutical company. The company researches, develops, and commercializes technologies for the human and veterinary markets.
LED Medical Diagnostics Inc (TSXV: LMD)
LED Medical Diagnostics, Inc., through a subsidiary, manufactures an oral cancer screening system. The device uses tissue fluorescence visualization technology to detect cancers of the mouth. The company markets its devices to dentists.
Cynapsus Therapeutics Inc (TSX: CTH)
Cynapsus Therapeutics, Inc. researches and develops pharmaceuticals. The company researches treatments for Parkinson’s disease, neuropathic pain associated with multiple sclerosis and cancer, and nausea and vomiting and appetite stimulation.
